2443 Loomis Dr
North PoleAK99705
Cheap Homes for Rent in Fairbanks, AK from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Fairbanks.
690 El Rancho Dr
FairbanksAK99712
2881 Elvira Ave
North PoleAK99705
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
406 C St
FairbanksAK99701
1021 Cline Rd
North PoleAK99705
2539 Pilot St
FairbanksAK99709
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
2315 Onyx Rd
North PoleAK99705
1544 Hilton Ave
FairbanksAK99701
5965 Haystack Dr
FairbanksAK99712
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Fairbanks, AK Local Guide
How much does it cost to rent a home in Fairbanks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairbanks 2 Bedroom Homes for Rent | $1,964 | $1,650 | $2,600 |
| Fairbanks 3 Bedroom Homes for Rent | $2,414 | $1,900 | $3,000 |
| Fairbanks 4 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Top Homes for Rent in Fairbanks
Explore Fairbanks
Fairbanks, AK Local Guide
- Fairbanks Neighborhoods
- Nearby Cities
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- Local Counties
Cheapest Neighborhoods for Apartments in Fairbanks, AK
Pricing Updated: 05/19/2025Current apartment rentals in the Fairbanks, AK area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Fairbanks Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Fairbanks | $1,600 | $1,395 | 1 |
| Midtown Fairbanks | $1,700 | $1,200 | 24 |
Cheapest Available Fairbanks Apartments for Rent
The cheapest available apartment rental in Fairbanks, AK is a 1 Bed unit found at Willow Woods Apartments in the Midtown Fairbanks neighborhood priced from $1,266. Jillian Square Apartments in the Midtown Fairbanks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,310. Here is today’s list of the most affordable Fairbanks apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Woods Apartments | Open Kitchen One Bedroom | 1BR,1BA | $1,266 |
| Jillian Square Apartments | Debutante | 1BR,1BA | $1,310 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Fairbanks, AK
As of May 19, 2025 the best value apartment in the Fairbanks area is the $1.57 price per square foot Large One-Bedroom Model at Sophie Plaza Apartments in the starting from $1,417. The second greatest value Fairbanks apartment is the 2 Bedroom Model at 649 Jennie Ln starting at $1,500 with a $2.00 price per square foot in the Midtown Fairbanks neighborhood. Here is today’s list of the best values for Fairbanks apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sophie Plaza Apartments | Large One-Bedroom | 1BR,1BA | $1.57 |
| 649 Jennie Ln | 2 Bedroom | 2BR,1BA | $2.00 |
| Willow Woods Apartments | Open Kitchen One Bedroom | 1BR,1BA | $1.76 |
| Wedgewood Resort Apartments | 1 Bedroom Suite | 1BR,1BA | $1.96 |
| Jillian Square Apartments | Debutante | 1BR,1BA | $2.15 |
| Furnished Studio-Fairbanks - Old Airport Way | Furnished Studio-Fairbanks - Old Airport Way | Studio ,1BA | $17.67 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Fairbanks
What type of rentals are currently available in Fairbanks?
There are currently 62 Apartments for Rent in Fairbanks, AK with pricing that ranges from $800 to $5,301. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairbanks ranging from $1,200 to $3,000.
What is the current price range for Rental Homes in Fairbanks?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairbanks ranges from $1,200 to $3,000 with an average monthly rent of $2,044.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.